Northland Securities Issues Positive Forecast for Synaptics (NASDAQ:SYNA) Stock Price

Synaptics (NASDAQ:SYNA) had its target price boosted by stock analysts at Northland Securities from $85.00 to $106.00 in a research note issued on Monday,Benzinga reports. The firm currently has an “outperform” rating on the software maker’s stock. Northland Securities’ price target indicates a potential upside of 43.66% from the company’s current price.

Several other research firms have also recently issued reports on SYNA. Wall Street Zen raised shares of Synaptics from a “hold” rating to a “buy” rating in a report on Sunday. Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a research note on Wednesday, October 8th. Needham & Company LLC restated a “buy” rating and set a $85.00 price objective on shares of Synaptics in a research note on Friday, November 7th. Wells Fargo & Company initiated coverage on Synaptics in a research report on Friday, December 19th. They issued an “overweight” rating and a $95.00 target price for the company. Finally, Oppenheimer reissued a “market perform” rating on shares of Synaptics in a research report on Tuesday, December 16th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $91.00.

Synaptics Price Performance

Shares of NASDAQ SYNA traded up $0.32 during trading on Monday, reaching $73.78. The company had a trading volume of 171,844 shares, compared to its average volume of 493,995. The stock has a 50-day moving average price of $70.67 and a two-hundred day moving average price of $68.57. The company has a current ratio of 2.86, a quick ratio of 2.31 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $2.88 billion, a PE ratio of -63.58, a price-to-earnings-growth ratio of 3.08 and a beta of 1.76. Synaptics has a twelve month low of $41.80 and a twelve month high of $89.81.

Synaptics (NASDAQ:SYNA) last posted its quarterly earnings results on Thursday, November 6th. The software maker reported $1.09 EPS for the quarter, beating the consensus estimate of $1.06 by $0.03. The company had revenue of $292.50 million during the quarter, compared to analysts’ expectations of $289.93 million. Synaptics had a positive return on equity of 4.35% and a negative net margin of 4.08%.The firm’s revenue was up 13.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.81 EPS. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. As a group, sell-side analysts predict that Synaptics will post 0.96 earnings per share for the current year.

Insider Activity

In other news, insider Lisa Bodensteiner sold 336 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $75.83, for a total transaction of $25,478.88. Following the completion of the transaction, the insider owned 74,425 shares in the company, valued at approximately $5,643,647.75. This trade represents a 0.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Vikram Gupta sold 694 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $75.00, for a total transaction of $52,050.00. Following the sale, the insider owned 100,082 shares of the company’s stock, valued at $7,506,150. The trade was a 0.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 8,906 shares of company stock valued at $698,177 in the last ninety days. Corporate insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On Synaptics

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. increased its holdings in Synaptics by 10.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock valued at $446,241,000 after purchasing an additional 594,235 shares in the last quarter. Norges Bank acquired a new stake in shares of Synaptics in the second quarter valued at approximately $25,876,000. AQR Capital Management LLC raised its position in Synaptics by 186.2% in the 2nd quarter. AQR Capital Management LLC now owns 443,441 shares of the software maker’s stock worth $28,744,000 after purchasing an additional 288,523 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Synaptics by 51.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 544,973 shares of the software maker’s stock worth $37,243,000 after buying an additional 184,303 shares in the last quarter. Finally, Squarepoint Ops LLC increased its stake in shares of Synaptics by 376.6% in the 2nd quarter. Squarepoint Ops LLC now owns 198,269 shares of the software maker’s stock valued at $12,852,000 after buying an additional 156,671 shares during the period. Hedge funds and other institutional investors own 99.43% of the company’s stock.

Synaptics Company Profile

Synaptics Incorporated is a global developer and supplier of human interface solutions for computing, networking, communications, and entertainment devices. The company specializes in the design, development and integration of custom chips and software that enable intuitive, natural user interactions. Synaptics solutions support touch, display, audio and biometrics functions, facilitating seamless human-to-machine interfaces across a broad range of end markets.

Key product offerings include touch controllers for laptops and tablets, capacitive touchscreens and display drivers for mobile devices, fingerprint sensors and secure authentication modules, as well as advanced audio processing and voice enhancement technologies.